Potential pitfalls await those unprepared for the push towards diversification from conventional energy writes Gregory Brown, Maritime Strategies International. Read more in Energy Voice
Month: October 2020
Capesize rates fall amid higher vessel supply
Capesize rates dropped by nearly a third this week as owners untied their ships from the piers and let them vie for business. Read more in TradeWinds
Don’t Go Chasing (Deep) Waterfalls: The Future of Drillship Financing
The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International in Offshore Engineer Magazine
MSI’s Will Fray writes in Dry Bulk Magazine
The report explains how the European market should see a rapid bounce back from the effects of lockdown, but longer-term supply and demand prospects are more challenging. Read more here
MSI Oil Tanker Webinar
Listen to the recording here
String of VLCC sales emerge as buyers aim to take advantage of price slump
Read more in TradeWinds here
Dry bulk at risk from crew change crisis
A recovery in demand will support small year-on-year gains in the fleet utilisation rate in 2021, according to shipping consultant Maritime Strategies International. Incremental demand of 29m dwt will outmatch supply growth of 26.1m dwt, driving a small uptick in the total fleet employment. Read more in Lloyd’s List here